Multiple Choice
Contractual capacity is the
A) legal ability or competence to enter into a contractual relationship.
B) legal requirement to enter into a contractual relationship.
C) maximum monetary consideration that may be paid in a contract.
D) minimum monetary consideration that may be paid in a contract.
Correct Answer:
Verified
Correct Answer:
Verified
Q108: When the parties have imperfectly expressed their
Q109: A bilateral contract involves which of the
Q110: The UCC permits which of the following
Q111: A_ is any agreement (based on a
Q112: Genuineness of assent may be lacking due
Q114: Which of the following statements is correct?<br>A)
Q115: _is the act of canceling, or nullifying,
Q116: The threshold mental competence required by law
Q117: _damages are not awarded in a breach-of-contract
Q118: Contracts that cannot by their terms be